Week Actual Forecast 20.2 29.6 31.5 47.2 51.9 67.6 58.0 63.2 5 60.2 71.7 6 84.5 93.9 7 76.3 89.9 8 90.2 93.3 2 3 4 You are given the demand and forecast history for a phone sold at Costco in the table. According to this table, what is the (single) exponential smoothing forecast for Week 9 if the smoothing constant is 0.25? (Do not round intermediate calculations. Round your final answers to two decimal places. Oorsdemir, Copyrighted content. Cannot be posted)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Week Actual Forecast
1 20.2 29.6
2
31.5 47.2
3
51.9 67.6
4
58.0 63.2
5
60.2
71.7
6
84.5 93.9
7
76.3 89.9
8
90.2
93.3
You are given the demand and forecast history for a phone sold at Costco in the table. According to this table, what is the (single)
exponential smoothing forecast for Week 9 if the smoothing constant is 0.25? (Do not round intermediate calculations. Round your final
answers to two decimal places. Oorsdemir, Copyrighted content. Cannot be posted)
Transcribed Image Text:Week Actual Forecast 1 20.2 29.6 2 31.5 47.2 3 51.9 67.6 4 58.0 63.2 5 60.2 71.7 6 84.5 93.9 7 76.3 89.9 8 90.2 93.3 You are given the demand and forecast history for a phone sold at Costco in the table. According to this table, what is the (single) exponential smoothing forecast for Week 9 if the smoothing constant is 0.25? (Do not round intermediate calculations. Round your final answers to two decimal places. Oorsdemir, Copyrighted content. Cannot be posted)
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